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<br /> `i�A GYJARANT�ED LOA�1 AND ASSUMPTION P()LICY RID��t .
<br /> t,onri No.10-1109
<br /> I�OTICE: THIS LOAN IS NOT ASSUMABLE WITHOUT
<br /> T FFA�IRS�RVITS AUTHORI�ZED AGENTT OF VETERANS
<br /> A
<br /> TNQ�VA C3UARANTBBD LOAN AND ASSUM�TION POLICY AIDER is roa�ie this 29th day of
<br /> August , 1997 ,wd is inoorporatal Into and shall be deemed to awend and supplement the
<br /> Mortgage� Dxd of Tnut or poed to Sec�re Dclr3 (denln "Secudry Instcument") dated of even datG henwith.
<br /> �vea by the undersigaod(henin "Borcower')to s�cwe Boxrower's Note to
<br /> a�or Mortgage
<br /> (herein"L.eader")
<br /> end coveting the Property described in the Seciaclty Insqument and loc�ted at
<br /> 2214 W. Louise Street,Grand Island,NE 68803
<br /> (PmPa�d A4�r.r�1
<br /> VA CiUARANTBED LOAN C�VENANT: In addidon ta tLe cavenauts aad agreilaenu �de in the Securiry
<br /> Insaument.Bormwer and L.ender flutBer covescanz and 4groe as foUowa:
<br /> If tLa indebtedness aewrod hereby be guazan7ded �ar it�sund under TIde 38.United St�tes Code.soasL�'Ida aad
<br /> Re�ulations{ssued thenw�der and i�a effect on�e date her�eaf shall govern the rIBhts,dudcs and liab3lides of
<br /> Baarowe�and I.ender.Any pxovwsicre�.q of ttU Cecur�ry Insm�ment ar other insuumeats cxauted ln connectian with
<br /> said i�debtedaess which an inoonsisteut wit3� said TiQe or 3iegulations. lxludiog„bTet uot limited to. the
<br /> pr�visi�►for paymen�of eny sum ia oonnectuan wlth p aycoe�t of t�e seaued indePortr�ness and the provision
<br />- '�.�L.�..�K� �2� �y�� �f r�. �:�,.�n�i r�r_.ht�lnGV.a mnrsuant w Covtaant 17 O€tbe SocudtY
<br /> L�eat,ue hereby ainendal or negued ta tDo oxtrnt bzcessary w coafann auch insuumenta to said Title or
<br /> I,�►1'�E C'H RC3B:At Leader'a option,Borrower w1U pay a"lste chuge'not ex000ding four per cwtum(49fi)oi
<br /> th e overdue pa y m e nt when p�id more than Rftan(IS)ds�ya dter the due due thenof to cover the eatra expeme
<br /> involvod in hu�dling deliaqueut pt�ymenus.but auch"lau chuge"ehall not b e pay a b le at o f t l�e pr o o e a l s o f u ry
<br /> �te made w sad:fy the io�kMedness ucured 6ereby, unlaa aucb pmcoeds ue sut�cleat to dischuge the eatire
<br /> indcbtedae+s aad�11 proper casts wd expenees eerund he�eby.
<br /> dUARANTY: Should the Departcxac of Vaer�as Affaira fail or reA�te to iuue iu�uar+�oty in tbll aaaouAt udt�n
<br /> 6p d�ya from tbe d�te thu this laa would nonnally beoome elisibfe fa such suunty oomm[uod upon tbe
<br /> Deactmeat of Veur�os Aff�irs under the provisioas of'1'ide 38 of the U.S. Code'Vder� Beaefiu�tl�a
<br /> Moct�ajee may decl�re tb�e iadobtedna�l�ercby saured u ona due ad psyible aod mq► foroclae 3mmedi�tdY
<br /> or mry exerci�a�ay otha�dghts I�a�euoder or Woe any other proper�xica ai by law pnnvldod.
<br /> TRANSFBR OF THB PROPERTY: This lan msy be declared immod�atety due ud WY+bla pon ua�frr of the
<br /> . r�r•�ai wcn twn w auy uaosfem.unleas the acoeptabutcy of tl�e�ssu,mptfo�n of we"lotm i�awbltshoa
<br /> punuaat to Sectioa 3714 of Chspta 37,Tide 38.United S[uea Code.
<br /> Aa�utb�rined a�fer('acwmptlon")of tbe pmperty ah�ll al�o be tubJax to�dditiaial ooveama md�eemeat+
<br /> as eet fath below:
<br /> ���wscLn�tIPTION FUNDING PHE:A fa equal to one-half of 1 peroeat(.50�)ot the bal�noe of this lam
<br /> as of the date of a�fa of tbe pmperty sh�ll be pa��ble at tbe time of trm�fa to We lom hdda a its autlarined
<br /> ageat.a�tnuta for the Deputmeat of Veter�Aft'airs.If thee�ssumer fiUs to pay t6is fae at the dme of a�ter.
<br /> the fee sha11 000sdcute aa addiaooil debt co th�c�lnady aocucod by this inst�umeat�stull bar interat�t the r�te
<br /> hereia pr�vided.�nd.at the oprioa of ths pryee of tLe indebtedness he�+eby secured a amy ts�nsferoe Wenoof.shill
<br /> VA OUARANTEED LOAN AND A33UM�'TIOM MLICY RIDER
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